Rubber falls

30 Aug, 2017

Benchmark Tokyo rubber futures ended down 1.6 percent on Tuesday, with the dollar hitting a four-month low against the yen after North Korea fired a missile over northern Japan, stoking worries of fresh tension between Washington and Pyongyang. The Tokyo Commodity Exchange rubber contract for February delivery
finished 3.5 yen lower at 215.5 yen ($1.98) per kg. The most-active rubber contract on the Shanghai futures exchange for January delivery fell 155 yuan to finish at 16,445 yuan ($2,490) per tonne. The front-month rubber contract on Singapore's SICOM exchange for September delivery last traded at 153 US cents per kg, down 1.8 cents.

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